THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook July 21
BTC/USD
Bitcoin rallied adjoin the US dollar, slicing through the basic $2400 level. As I predicted yesterday, the $2600 akin would be targeted. That’s area we acquisition ourselves during recording, and I accept that if the bazaar can abide higher, the abutting ambition will be 2800. Until then, I abide actual bullish of this bazaar on concise pullbacks as they should represent value.
BTC/JPY
Bitcoin has accomplished the ¥280,000 level, and now looks set to claiming the ¥300,000 level. Because of this, I am cat-and-mouse to see either an addendum of the assemblage be on the circadian range, or conceivably a cull aback appear the ¥260,000 handle area I apprehend to see added affairs pressure. Ultimately, I accept that we are activity to abide to see Bitcoin rally.
Thanks for watching, I’ll see you afresh Monday.
